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Code · BILL · 117th Congress · H.R. 4521 (EAS) — 112 HR 4521 EAS: United States Innovation and Competition Act of 2021 · Sec. 2107

Sec. 2107. Research and development

286 words·~1 min read·/bill/117/hr/4521/eas/section-2107

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From amounts made available for the Directorate, the Director shall make awards, on a competitive basis, for research and technology development within the key technology focus areas. The purpose of the awards under this section shall be to demonstrate revolutionary technological advances in the key technology focus areas, including advances that expedite short-term technology deployment. Recipients of funds under this section may include institutions of higher education, research institutions, nonprofit entities, private sector entities, consortia, or other entities as defined by the Director.
The Director may set metrics, including goals and deadlines, for development of such technology as determined in the terms of the award, and may use such metrics to determine whether an award recipient shall be eligible for continued or follow-on funding. The Director shall ensure that the length of the grants for applicants seeking to demonstrate revolutionary technological advances to expedite short-term technology deployment last no longer than 24 months. In selecting recipients for an award under this section, the Director shall consider, at a minimum— the relevance of the project to the key technology focus areas; the current status of the technology, the limits of current practice, and the likelihood of the private sector to independently demonstrate a similar technological advance; the potential of the project to generate a revolutionary technological advance, including advances that can expedite short-term technology deployment; the potential impact of the project on the economic security, national security, or technological competitiveness of the United States; the likelihood of the project’s success; the cost and time associated with the project; the appropriateness of quantitative goals and metrics for evaluating the project and a plan for evaluating those metrics; and the path for developing and, as appropriate commercializing, the technology.
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